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  3. The Mexican Economy
    • Enrique Cárdenas, Universidad Iberoamericana Puebla, Mexico and Universidad de Guadalajara, Mexico
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  • Publisher:
    Agenda Publishing
    Publication date:
    20 January 2024
    20 October 2022
    ISBN:
    9781788212687
    9781788212663
    9781788212670
    DOI:
    https://doi.org/10.1017/9781788212687
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    • Series:
    World Economies
    Subjects:
    Political Economy, Politics and International Relations
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    Series:
    World Economies
    Subjects:
    Political Economy, Politics and International Relations
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    Book description

    Mexico is the sixteenth largest economy in the world and Latin America's biggest exporter and importer. Despite the country's relative macroeconomic stability, there are two Mexicos: one more prosperous, advanced and modern, the other poor, isolated and disadvantaged, and this polarization characterizes much of the country's recent economic development.

    Enrique Cárdenas provides a concise survey of Mexico's recent economic history and examines its attempts to address the economic challenges thrown up by regional disparities, low productivity and an export-fuelled economy overwhelmingly dependent on demand from its largest neighbour. The book investigates the relative robustness of the macroeconomic fundamentals alongside specific industry-level economic trends, especially those sectors dependent on free trade agreements. Demographic trends, in particular migration to the north, urbanization, poor labour relations, organized crime and entrenched corruption are all shown to have impacted the economic path Mexico has taken.

    The book offers an up-to-date analysis of Mexico's economic development, social reform programmes and political economy suitable for a range of courses in Latin American studies and development studies.

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